July 2022: Russia had invaded Ukraine, the market had just crashed to its absolute low (the NASDAQ had crashed by 30%, Bitcoin by 70%) - in an age before ChatGPT and generative AI - and with little hope for the tech world, a very young and ambitious, very curly-haired gentleman came to us through a mutual friend, Daniel.
He had a vision that stood out bright against the grey mood at the time, fittingly called Magic. His eyes flashed when he described a monumental vision: an AI developer you can talk with and who truly understands code. The vision seemed crazy ambitious, but why did we even believe him he could have a real shot at realizing it?
Today, I want to share what fascinated me about Eric's founder journey in our first conversation and what concerns he had to overcome:
Eric Steinberger's journey from a curious teenager to an influential figure in AI is a tale of exploring technology and pursuing bold visions. From his early days at a technical high school in Vienna, where he and his friend Sebastian, at age 11, practiced their coding skills by hacking their school's computer lab, Eric's path has been anything but ordinary.
Eric's academic pursuits took him to University of Cambridge to study computer science at a young age. He was discovered when his implementation and enhancement of a paper from Meta Facebook AI Research Lab (FAIR) caught the attention of the AI community. He became its youngest employee as a working student and his contributions to a reinforcement learning paper that set new standards for efficiency in learning from limited data further established his reputation, all while being a working student.
Never let anyone tell you you are too young!
Despite an offer to join a tempting full time position at Facebook AI Lab, Eric chose a different path. He left Cambridge and FAIR behind to address a pressing global issue: climate change. Founding ClimateScience, he grew the NGO to become a leading force in climate education, powered by over a thousand volunteers worldwide.
Eric's journey came full circle when he co-founded Magic. It's this personal story of pushing the limits that for me makes the difference in supporting a vision that you would not think anyone else can accomplish.
In supporting Eric and Magic, I've learned the importance of pushing beyond initial doubts and recognizing the potential in young, visionary leaders. Their age and the audacity of their dreams are not limitations but rather indicators of their capacity to think differently and drive significant change in society.
Here's to more visionaries like Eric, who inspire us to challenge our hesitations and invest in a future where technological science fiction becomes reality.
We've raised $117M from Nat Friedman and others to build an AI software engineer.
Code generation is both a product and a path to AGI, requiring new algorithms, lots of CUDA, frontier-scale training, RL, and a new UI.
This round was led by Nat Friedman & Daniel Gross (NFDG), with participation from CapitalG and Elad Gil, and will allow us to further scale up our models.
If you want to solve very hard problems to build safe AGI on a small team with thousands of GPUs, come join us! Link in comments
Apply at www.magic.dev